TIAA CREF Reviews

Pros

work life balance is good.

Cons

no advancement; too many layoffs of valuable assets to company

Pros

The benefits package is excellent . The company has a lot of avenues to broaden your experience in the work place.

Cons

Depending on what department you work in, the downside is oppurtunity to move within the company. There is no programs inplace for advancement.

Advice to Senior Management

Promote more employees from within the company and develop a program to take your employees from entry level to managment.

Pros

Culture and Values. Number 1 trusted company in Financial Services....for a reason!

Cons

Sometimes slow to react or respond

Pros

TIAA offers excellent benefits although they have been scaled back in recent years.

Cons

The environment at TIAA is as unprofessional as it gets and management allows it to happen.

Pros

Used to be the bennies, now the only thing left are the people, of whom many are in pain with there day to day. Managers are managing areas with little to no experience, everything is metrics driven. Always telling you what you did wrong. Extreamly poorly process driven environment. The process is in constant change and the training is for you to absorb on top of your deliverables. I would not recommend to anyone to work at TIAA-CREF

Cons

Management speaks by lying with promises. Used to be a GREAT place - no longer STAY AWAY! The American worker is practically the minority. They are very understaffed and push existing staff for late nights weekend work and then ask for more!! No raises for years and what was once a place for a nice bonus has turned into the candy on an un reachable stick. They have become greedy at the expense oftheir staff. Whcht out for the great flash and up front presenation it falls away quickly if you decide to take employment.

Advice to Senior Management

Your staff is your biggest resouces... treat them better or you will be losing lots of them.
Read the founding charter of firms incorporation and remember why the firm was oringinally started. Act like a Not for profit stop trying to be a bank or a wall street type firm. This is not where the firms roots are from.

Pros

Financial Services company with above average salary and benefits.

Cons

No career path, will not get promoted, and horrible rating system.

Advice to Senior Management

Provide a career growth and promote from within so people don't come for a few years, get the retirement and leave.

Pros

Used to have a very generous benefits package. Good concept of providing reasonably priced investment services to non-profits

Cons

has strayed too far from its core, trying to get into all aspects of financial business, many "lifers" who get promoted only because of their longevity, not talent or abilities; tremendous hierarchy, where new titles and job levels are created all the time to give lifers somewhere to go.

Advice to Senior Management

Clean house, starting with middle management with 20+ years at the company.

Pros

Good benefits, generous retirement contributions and paid time off. Good people who honestly care about the customer.

Cons

Limited advancement opportunities. High stress environment. Company keeps asking for more from employees, but is reducing benefits package to be 'more in-line with the industry standard'.

Advice to Senior Management

Significant structural challenges are present that keep the company from performing at a higher level. Having seen several CEOs come and go, each see the same problem: silos. Each CEO was determined to eliminate them, but there are still there. Company needs a complete overhaul of it's structure to better serve customers.

Pros

The clients are the best reason to work at TIAA CREF

Cons

On the one hand, leadership would like our company to be distinctive from other financial service firms but at the same time, all of the policies and changes, particulary those in HR, seem to be aimed at making us the same as everyone else.

Advice to Senior Management

Go back to the core of the company. Truly uncover what made us distinctive and build on it.

Pros

Nice benefits and fair compensation.

Cons

Management is would tighter than a steel drum and everyone is stressed out or frustrated. Miserable place to work since 2010.